Comtech Telecommunications Corp. (NASDAQ: CMTL), a leading global provider of next-generation 911 emergency systems and secure wireless communications technologies, today announced a US$100 million investment by current shareholder White Hat Capital Partners LP, an investment firm focused on sustainable value creation in technology companies serving mission-critical applications, and Magnetar Capital, a leading alternative investment manager with approximately US$ 13.8 billion of assets under management.
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Rocket Lab USA, Inc. (Nasdaq: RKLB), a launch services and space systems company, today announced it has completed the acquisition of Advanced Solutions, Inc. (ASI), a Colorado-based aerospace engineering firm delivering mission proven space software, mission simulation and test systems, and Guidance, Navigation, and Control (GNC) solutions, for US$ 40 million plus the potential for an additional US$ 5.5 million performance earnout based on CY 2021 results.
Satellite operator SES recently announced that it was seeing strong uptake for its Cloud Playout service, as customers embraced it for management and playout of linear TV channels over satellite. Creating the service was a shrewd move for a satellite operator that generates 60% of total sales from its video business. After initial resistance, US and European broadcasters have been shifting media management and playout to the cloud to take advantage of its robust content management and scheduling applications and the scalability of the cloud. In its press release, SES cited an Ethiopian b
The world’s most pivotal names in satellite, me edia, production, entertainment and technology are set to reconnect, live, in-person at CABSAT 2021 this month in Dubai, UAE.
As we are all aware the satellite industry is in a state of flux, maybe a state of transition. The low earth orbit (LEO) constellations have been grabbing headlines for several years now, and many of us, have pointed to the lessons of the 1990s and predicted that few, if any of them would last long enough to become viable businesses. And that still may be the case.
Maury Microwave, Inc., an RF calibration, measurement, and modeling solutions backed by Artemis Capital Partners announced today that it has completed the acquisition of dBmCorp, Inc..
IBC, the world's most inspiring content and technology event, announces a comprehensive content programme for IBC Show 2021 which for the first time in IBC’s history will be free for all to access. Attendees can watch the sessions in person in Amsterdam or online via IBC Digital, which will launch on 21st October.
OneWeb, the low Earth orbit (LEO) satellite communications company, announced today that it has completed its acquisition of Texas-based TrustComm Inc., a provider of managed satellite communications and professional services to commercial and governments organizations. OneWeb announced the planned acquisition of TrustComm in May 2021 and received all necessary regulatory approvals enabling the transaction to close.
Following consummation of this transaction, TrustComm will become known as OneWeb Technologies Inc, a wholly owned subsidiary of OneWeb.
Seraphim Space Investment Trust plc (LSE: SSIT) announced the acquisition of the holding of Arqit Quantum Inc. from the Seraphim Space LP (Seraphim Space Fund) . As set out in the IPO prospectus, Seraphim Space will acquire four assets from the Seraphim Space Fund for newly issued ordinary shares in the Company. This acquisition represents the second of those transactions to complete.